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U.S. Department of Homeland Security
U.S. Citizenship and Immigration Services
Washington, DC 20529HQ DEMO 70/6.1
AFM Update AD0704Memorandum
TO:Field LeadershipFROM:Donald Neufeld
/s/
Acting Associate
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What is hq domo 706?
It is a tax form used to report gifts and generation skipping transfers.
Who is required to file hq domo 706?
Individuals who make gifts above the annual exclusion amount or have generation skipping transfers need to file hq domo 706.
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You can fill out hq domo 706 by providing detailed information about the gifts or generation skipping transfers made during the tax year.
What is the purpose of hq domo 706?
The purpose of hq domo 706 is to report gifts and generation skipping transfers for tax purposes.
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Information such as the donor, recipient, description of the gift or transfer, and the fair market value must be reported on hq domo 706.
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